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goes down? do we want four more years of trillion dollar deficits? i don't believe we can afford four more years like the last four years. lou: a new report highlights governor rome -- governor romney's criticisms showing household incomes fell by an average rate of more than 8%. the census bureau revealing the number of people in poverty rose by 3 million in the first three years of the obama administration. we'll take all of that here tonight with former economic adviser to president reagan, economists, author laffer, and digital politics editor, and former bush adviser brad blakeman to separate facts from fiction in the world of presidential polls and strategies. early voting has presidential votes cast in more than half the country by next week. shannon has our report. the president's poll numbers in ohio getting a boost from stronger economic numbers, but there's head winds pressuring the campaign. the white house chief correspondent, ed henry, reports. >> since early voting starts tuesday here in ohio, it was a familiar script for president obama on his 29th visit to the buckeye
is going to require compromise in a different type of deficit reduction plan. given all of those virginia jobs at stake, how can you say no to any type of tax and revenue increase, even if it is paired with a greater degree of spending cuts? >> getting our fiscal house in order in washington. i saw this as being another example of washington leaders not making decisions, putting off decisions to yet another commission, which, if it failed, as it did, it would be the responsibility of the federal government, which is national defense, as well as it being what is known to be over 200,000 technology and defense jobs in virginia. what we need to do is repeal or replace obamacare. but will sit trillions in spending, and that is harmful for business. i think we need to cut out and look at where there is redundancy in government. the government accountability office has put that forward. federal government employees, we have to reward them for cost- saving ideas. in the long term, a balanced budget amendment. tim said in the last debate that this is the right thing to do. now, he has, up with a
came in office. i inner hadited the biggest deficit in our history. the last four years it went up and 90 percent is consequence of two wars that were not paid for and tax cut that is were not paid for . prescription drug plan not paid for and worst economic crisis since the great depression. that accounts for 10 percent of the increase in the deficit. >> brian: front page of the new york times. stuart rather thaney it is over one trillion. every budget when they do the math he is over budget by a trillion dollars. >> gretchen: he said 10 percent. wars and the horrible recession he was begin that only accounts for 10 percent. >> yes. >> gretchen: what about the other 90 percent? >> steve: george bushes fault? >> gretchen: i am anding a question. >> you are exposing the attitude of the establishment media to all of president obama and his economic record. break it down. the president said i am only 10 percent responsible for a massive accumulation of debt. he is a big spender, a very big spender and that's the principle reason why we have a massive deficit of trillion a year. he has
the deficit in half in his first term. he's not been asked the simple basic questions by anybody. how did we get to -- >> except by univision. >> sean: one example. >> they haven't even hit him on the outright lie about libya. another anticipated obama argument, this crisis was caused by two wars and push tax cuts. that's so easily refuted. 2007, $161 billion deficit with two wars raging and bush tax cuts implemented in 2003. what romney really needs to do, though, is stress the urgency. none of this john mccain, obama will make a fine president. no. if obama is re-elected, this country is over as we know it. >> yeah. >> he needs to stay that in no uncertain terms. i say this, not because i'm a partisan, i'm scared to death of our lifetime earnings being in jeopardied, i'm scared to death of our liberty, of our prosperity. the american dream is gone. he doesn't believe in opportunity. he believes in expanding the welfare state and the dependence cycle. he believes in expanding obama phones and not putting people back to work and giving people human dignity. >> right. >> sean: i've never met
at the deficit, everybody knows the problem with the deficit. who do we think is more likely to deal with the deficit? someone who has run it up over a trillion dollars every year he has been in office? is that too is going to do it to? or do we think governor romney, a businessman who is committed to fiscal responsibility is going to do it? who is going to do it to? if the barack obama is in the white house four years from now, he will have appointed one half of all federal judges and he will have changed the complexion of the added states supreme court for decades. can we stand that in this country? is that what we want to? no. foreign affairs. the president of the united states went to new york today, yesterday. other presidents have gone to meet with world leaders to sit down with the israelis and other allies, people who he needs to understand. and interesting article this morning about his failure to do that. he went to new york not to meet with world leaders, he is on "the view." [booing] what a sense of priorities. he said after our ambassador was killed, after we look at the
, and their greatest threat to america is not military, it is the deficit. why do we have a deficit? we have a deficit because of the bushmen in their tax cuts, -- bush millionaires' tax cuts, because they are not paying their fair share of taxes. mitt romney is paying 14% of his income. i do not care how much mr. plummer made, but it is how much he paid. if mitt romney paid 14%, mr. plummer want to go to congress and he wants to write tax policy. don't you think it is fair that he discloses what his tax returns are? [applause] center brady, his running mate, in his failed bid to become lieutenant governor, released his tax returns. he did not pay any federal income tax for two years. what is it that mr. plummer has not paid? >> mr. palmer? >> i will answer the question. if you look and what is happening right now in the united states, if you look at what is happening, you have politicians of both polos -- part is not being honest with the voters. the bush tax cuts -- i will call of the obama tax cuts because they supported the extension. we have a tax code that is more than 72,000 pages, and grows ev
bringg in 87 billion dollars. with a deficit of a trillion plus, you still have a 900 billion dollarr deficit and if you have a trillion dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by reducing spend reforming entitlements over the long term. taxing the rich will make barely any difference . it is a political slogan. >> steve: right now the president wants to get reelected so he has the key to air force one. >> he thinks that if you tax the rich that brings in votes. >> steve: we are talking about increasing the taxes on the rich. what people forget about. taxes for everyone are scheduled to go up next year. >> yes, they will. >> steve: everybody is going to
to curb out debt and deficit. but the president is ahead on who's better to get the economy back on track. steve liesman is here with the disconnect. >> we've been puzzling over this all day. i want to show you the results we have from our national survey of 800 americans. take a look on the economy. who would be better over the next four years. first of all, we asked people, are you better or worse with compared to the last four years? no question here. 55 to 27 definitively, things are worse. what about who's better over the next four years? obama beats romney by nine point. that's more than other surveys out there. caution here, weak survey. other surveys more interested in the political side. they survey registered and likely voters. how about jobs? six to two, worse on jobs. who's better? obama wins. the one place where romney wins is as maria said, on the next one, on the deficit. overwhelmingly, people think the deficit is worse than it was four years ago. they're right. they say romney, only within the margin of error, which is 3.5%, plus or minus on this poll. take a look at the
market companies? and what do we do about the deficit? >> john, it's great to have you on the program. thank you so much. >> thanks, maria. >> john thain joining us as chairman and ceo at cit. let's get to brian shackman. >> fascinating to look at this. they beat on eps and revenue. the the revenue was 6.67. take a look at the stock. it is dropping and continues to drop. now down 4%. it's been a percent every two minutes during that thain interview. we were looking at margins, looking at china, and the u.s. margins were compressed. that's a negative. china was better than expected. that's not offsetting things. u.s. was better than expected. that's not offsetting things. europe was supposed to be up 3.4%. it was down 5%. they paid more in taxes. their sg&a means they're spending more than they're taking in. it's a mixed bag. >> all right, brian. thank you so much. meanwhile, we told you research in motion out with earnings. the stock is soaring in the extended hours trading session. what does that mean to investors in we have the analysis on r.i.m. next. >>> and would you spend twice
our country. >> ross perot, on the economy, the deficit and debt. and how it has changed since he ran for president. see the article on usatoday.com. ross perot, monday night on c- span. >> when nations cheat in trade, i will finally do something the president has not been willing to do and label him a currency manipulator. >> obama and romney meet in their first debate. watch and engage with c-span with a live debate preview, followed by two ways to watch the debate. both candidates on screen, and on c-span 2, the multi-camera version. follow our live coverage on c- span, c-span radio, and online at c-span.org. >> egypt's new president, muhammed morsi delivered his first speech at the general assembly. he is the first democratically elected leader following the arab spring. he called on the international community to support palestine like they've supported other countries. this is about 45 minutes.
go up 17%. spending will drop to under 21%. there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2% increase. that's less than the rate of inflation. so, i think that the reason that i believe he'll win re-election is we are beginning to recover. we have a higher rate of job creation since the recession bottomed out in the middle of 2009 than in the previous eight years. and, we are moving in the right direction and the policies he's advocated are going to produce good economic results. if people thought it was like another recession, he would be in trouble. it's not like another recession. they know it. >> people say the paralysis in wa
new book on the deficit challenges. it is all yours. >> you should have made the introductions longer. you are on a roll. >> thank you very much. we are both delighted to be here. we know there are so many issues people are interested in. none more important than the economy. that is why we're really thrilled to be here to take part in this debate. the election is only 42 days away. with every day, more questions pop up. the more the public wants answers. the candidates debate start next week. i think our opportunity today to talk with these two advisers cannot be more timely. i am just going to start by asking questions that david will come after. we're going to go back and forth. we will see where it goes. we will be looking to the audience for you to ask a question. why did your candidate believe that this economy is not creating more jobs? what would he do to change that and make things better? >> we came through the deepest recession since the great depression. >> democrat tim kaine and republican george allen are running for the senate this year. they participated in a debate, m
't get a debate in the united states of whether the u.s. has a fiscal deficit problem or whether it has to be solved. a year ago, that would have been debated. now the debate is how are we going to solve it? solve it on the revenue side? solve it on the expenditure side? there's no one who is saying we have to widen the deficit or the deficit, as wide as it is, it's not a problem. everyone exceeds to it, but the debate is about how to get it done, and also, the nature of the government that's the consequence of how it gets done. if you spend more, government grows. if you shrink the budget, government contracts, and that has implications for the republic that have been debated since jefferson and hmm lton. it's an ongoing debate always in america, but if you think about what's been accomplished in the last year, everyone knows we have to solve the problem. how we solve it resulted in the impasse, but the fact everyone agrees it needs to be solved is really the most important thing. >> but it seems to me that it's a math problem, and as you said, if you've got, you know, slow, but stable
if it had not happen we would be talking about economy, deficits, jobs and affordable care act. if mitt romney is going to use this successfully he needs not only to make this critique and point out this is broader frame as seeing the president disengaged not up to the job, giving it his best and failing on behalf of the american people and relate that to the dough messtic economy as well. bill: when the debate number one is rather is week from today. carl, thank you. karl rove in washington on that. here is martha. martha: there are violent protests breaking out about big government spending cuts. look at these scenes. why thousands of people are taking to the streets in spain and what it could mean for your wallet here at home. we'll be right back. [shouting] [gunfire] [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we're not in london, are we? no. why? appar
's deficit. let's go to clayton. >> big story making headlines this morning. several days after the attack on the u.s. consulate. this is the story that the obama administration was sticking to. listen. >> this was not a preplanned premeditated attack that what happened initially was it was a spontaneous reaction to what had just transpired in cairo as a consequence of the video. >> our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction. >> what our assessment is as of the president is in fact what it began spontaneously in benghazi as a reaction to what had transpired some hours earlier in cairo. >> but as fox news reports, the administration knew within the first 24 hours that it was a terrorist attack. so why were americans left in the dark and how could potential coverup impact the election? here for fair and balanced debate is fox news contributor angela mcglowan and mclavigne. this seems like a big problem for the president. >> i don't see it that way. look, the president came out the morning after the attacks on september 12th. came o
, they ought to be embarrassed. mr. president, you promised to cut the deficit in half in your first term, $6 trillion in debt, you said bush was unpatriotic and irresponsible for four years. explain. they don't ask fundamentals. fewer americans are working in spite of your caveats, mr. president. explain. explain all of the -- never does he get asked simple questions. >> well, the media complicit here and the collusion, which is what it is, is obvious. when univision does -- credit to them -- for asking tougher questions, never getting an answer, but asking tougher questions of this president, that's amazing. i mean, they've abrogated their responsibilities as media and the american people, what we hear in this howard stern audio, is the result -- it's partially the result of media collusion. >> bill: the reason democrats' playbook is always divide along class, rich versus poor, old versus young, the race card is always played, it's for a reason, that people hear these little bumper stickers and platitudes, so there's a certain amount of this works. >> look, the left can't win man-to-man. wh
the bill not to reduce the deficit, not to reduce jobs, to give huge tax cuts to the wealthy. >> the idea of the president is not going to tell the truth, has become the theme inside the romney camp. here's what governor romney said. >> you learned and studied all this about president obama as a debater, what are you looking? >> i think he's going to say a lot of things that aren't accurate. you know, i would be tempted to go back to that wonderful line by ronald reagan, there you go again. >> he's admitted that your campaign has gone overboard at times with the rhetoric, are you worried that president obama is going to have a rough night with the fact-checkers wednesday night? >> absolutely not. we still believe that this is going to be a close race. but the reason, you know, governor romney is having a rough patch here is not because what we're saying about his plans, it's his plans. all right, you ought to start by looking in the mirror. people don't want to go back to the same trickle-down policies that caused the recession in the first place. obviously, he said things around the atta
of deficit reduction plan. given all of those virginia jobs at stake, how can you say no to any type of tax and revenue increase, even if it is paired with a greater degree of spending cuts? >> getting our fiscal house in order in washington. i saw this as being another example of washington leaders not making decisions, putting off decisions to yet another commission, which, if it failed, as it did, it would be the responsibility of the federal government, which is national defense, as well as it being what is known to be over 200,000 technology and defense jobs in virginia. what we need to do is repeal or replace obamacare. but will sit trillions in spending, and that is harmful for business. i think we need to cut out and look at where there is redundancy in government. the government accountability office has put that forward. federal government employees, we have to reward them for cost-saving ideas. in the long term, a balanced budget amendment. tim said in the last debate that this is the right thing to do. now, he has, up with a plan. i will ask you, with your plan, have you done an
the debt and the deficit, who would cut the deficit, and so we heard mitt romney saying earlier this morning that the national debt stands at $16 trillion. right now if president obama gets four more years, he predicted the national debt would skyrocket to $20 trillion. he is putting that message out there. i had a chance to talk to mitt romney about some of this yesterday and suzanne, he did not seem concerned about this. he came to talk to us on his campaign plane yesterday saying that the obama campaign is basically trying to strike the football on the 30 yard line, there's still plenty of time left, and there is some truth to that. rick santorum and some of the midwestern states for a brief period, and then he was able to close the gap. mitt romney is a good closer. it will be interesting to watch these polls as the days going g on as we get to the debates that are coming up. they'll be critical. >> i'll have to beef up on my sports analogies as well. thank you, jim. good to see you. >>> a reminder we'll be dipping to both president obama and mitt romney's events here in ohi
face. too many countries face falling investment, rising food prices, and bigger trade deficits. it is completely wrong to suggest that the arab spring has somehow created these problems. it is a challenging time for the world economy as a whole. there was never going to be an economic transformation overnights. a far from being successful, open market-based economies, many of these countries were be set by the vested interests, corruption, and unaccountable institutions. and this created a double problem. and not just a fragile economies, but worse, people who were told they had experienced free enterprise and open markets when they had experienced nothing of the sort. we must help these countries on wind of this legacy of corruption, military expenditure they cannot afford, natural resources unfairly exploited, and what they suffered under for too long. while on the subject of stolen assets, we also have a responsibility to help these countries get back the stolen assets that are rightfully theirs, just as we returned and billions of dollars of assets to libya. it is simply no
-knew would stay here. if you want to talk about closing the debt, the deficit. allow fracking. frac away. by the way, there is nothing, never has been any proof of disease or anything -- >> greg: they tried it with breast cancer -- >> bob: i wasn't supposed to talk about the disease part. andrea made a good point. marellus shale runs from ohio, to upper new york state. our friend denny harton you met. friend from west virginia. he convinced me how safe fracking was. it's an important point. if you drive buss with natural gas, it seems you can drive anything with natural gas, right? >> bob: he told me we didn't have the infrastructure to carry natural gas. why not invest in infrastructure to carry natural gas? not have so much dependency on foreign oil. >> kimberly: welcome to the conservative party, bob beckel. >> andrea: can you spread that in your party >> eric: >> bob: when you have that much of an energy resource and you know it runs things, the only problem, of course, is that -- well, anyway. >> greg: k.g. -- >> kimberly: i'm for fracking all the way and anything that gives us ener
into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached president. that's tough criticism out there. >> that's right. >> why do you stand by that? >> well, look, what we have is a situation all over the middle east, and you showed some clips of what's happening in pakistan. we have -- we have taken a difficult situation and turned it into a disaster, because we have a president that thought he was somehow going to charm that part of the world into loving america. what he's done is increased the antagonism toward america there by having a failed foreign policy. and harry truman used to say, "the buck stops here" talking about the presidency. and the buck should stop at the president's desk. he has created that climate. he has created the anti-a
a touchdown, wing touchdown to the seattle seahawks seahawks, not the packers. if only the deficit, with the replacement refs or. >> someone where must have stood up for the replacement refs, never saw that paul ryan and barack obama agreed this should happen. >> we have the wisconsin governor scott walker, tough on the unions, coming out in favor of the referee union. >> absolutely. and wonderful field day for cartoonists, marvellous car as soon as, drawings of new signals for referees who have replacement referees who have no special memory or let somebody else try it. and great cartoons, but, yeah, no debate here. >> rick: kirsten was this political pandering, all of these politicians right before election day coming out and rallying around, i guess, so of a no-brainer cause? >> it seems no-brainer, i don't ever pretend to know anything about sports or related to sports. i don't want to give analysis. >> oh, let's pick up on that, time magazine called it the pander bowl in terms of obama's remarks, he never answers shouted out questions, but there there's something good out of
never been asked. mr. president, you said you'd cut the deficit in half in your first term. it went up $6 trillion. you called bush unpatriotic for $4 trillion in eight years. simple question. mr. president, you predicted if we passed your stimulus by now we would have created 8 million new jobs. they still have fewer americans working. you know, mr. president, you said you'd b transparent. can we see the cables and wires tomorrow? when can we see them? >> how about this, mr. president you said you were taking our foreign policy in a different direction. the middle east is in flames against america and our ambassador is dead. mr. president, in sudan they will not allow u.s. marines to guard american soil. what do you have to say about that? >> sean: romney has got to understand, they're not going to ask these questions. it's his job to bring it up as of next wednesday. here's andrea mitchell, "nbc nightly news," and she says it's ambassador rice who was sent out with false information that we now know is false, as corroborated by a scrubbed websites at the state department to lie as as
is liberal to cut spending? i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, a two-door 0.3 trillion -- 2.3 doris trillion -- >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should raise taxes. i do not think the problem is that americans are not taxed enough. mr. sadler has been very candid that he would consider raising taxes on every single tax and who pays income tax is. >> that is not fair. >> if you would consider allowing all of the bush tax cuts to expire, that would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and
servicemen and women as well. so that added to the national deficit. and one other thing that we should talk about in terms of the national deficit, part of it is that we're not bringing in as much revenue as we should be bringing in to pay for all the things, the services and programs that the american people continue to desire. there's no question under this president that we've seen, you know, the most significant budget cuts also in the history of country. discretionary spending is at its lowest in 60 years. taxes are also at their lowest. but the one thing that the democrats have not done, we haven't walked away from the table. we haven't pointed fingers and said it's their fault. we're all in this together. it's time republicans roll up their sleeves and come to the table so we can fix this problem and solve our many other great challenges before the end of the year and the american people can get back to work. that's what they desire us to do. >> i think both of these presidential candidates are gearing up for their one presidential debate in october as well. i'm looking forward to th
of gridlock government, nothing getting done, the deficit exploding even further, and more czars and regulations from the white house. >> and let me tell you, ryan's not going to make one bit of difference in this race. >> sean: we'll see. 43 days to go. this is like our super bowl. thanks for being with us. greta is next to go on the record. we'll see you tomorrow night. >> greta: tonight a bump in the road. is that what president obama calls it? and now could that bump in the road turn into a major roadblock for president obama's campaign? republicans tearing into the president for downplaying the violence in the middle east. in a tv interview last night president obama referring to the recent outbreaks of anti-american violence as "bumps in the road." >> have recent events in the middle east given you any pause about your support for the governments that have come to power following the arab spring? >> well, i said even at the time that this is going to be a rocky path. the question presumes that somehow we could have stopped this wave of change. i think it was absolutely the
resulting in a 4% deficit reduction, good news, but very bad news, contraction of about 2% of gdp which brings the u.s. growth based on our forecast to zero. this is something that is very, very serious. >> you sit and watch these politicians around the world, and here in the united states, and you see refusal to come to terms, to make tough decisions, refusal to even negotiate. what are the possible consequences of this? >> more crisis to come. and i just would hope that decision makers can actually come to terms, show a spirit of compromise in order to avoid yet another xri mice. -- crisis. we all have had enough of the crises in the last few years and everybody is looking for something that is better for households, better for enterprises, and better for people. >> your athe first woman managing director, the first woman to lead this national institution, and a woman at the head of global finance. what is that challenge in terms of just the gender politics and being a path breaker? >> i have to do my job like everybody else, let's face it, and if i can bring, you know, a different di
that i've noticed, is that women are talking about the economy and jobs and deficit spending, which i have found amazing. i will tell you the other thing that's wonderful, the really good part of being on a campaign, and that is how millions of people are behind us, how many people are praying for us, how many people are praying for me in particular with my health concerns. so this is such a great country. there are so many wonderful people out there. but we're all concerned about the future. we know we just cannot afford four more years of what we've been facing the last four years. >> greta: how was that plane ride? >> it was not fun. >> greta: not fun? so what happened? smoke filled the cabin? >> yes. i was watching a movie. i was completely oblivious, and all of a sudden my movie shorted out. i turned around. i was at the front. i turned around and saw everyone's look of shock in the back of the plane. they kind of kept me in the dark, i think, knowing there wasn't much i could do about it. and i turned around, i said, oh, dear, there's a lot of smoke. there was a lot of smoke. i
would cut the deficit in half in his first term. he gave us $6 trillion in new obama debt, in four years. he called push unpatriotic and irresponsible for $4 trillion in debt in eight years. so why would we expect he's going to keep his promise on any of these things? >> well, sean, you and i know about this time four years ago the economy collapsed. it was the result, i believe, and the president believes, of failed policies of george bush. that's what he walked into. very different world than anything in the campaign. here's what he did. he walked into office. we were shedding 750,000 jobs a month. you know all this. >> sean: wait a minute. >> let me finish. now we've created 5 million jobs over four years. >> sean: that's not true. that's not true, sir. sir, there are fewer americans working than when he took office. that is a fact. you get it right from the bureau of labor and statistics. here's the point, when he ran in 2008 he said it's the worst economy since the great depression. he told it was bad. he said and projected that if we pass a stimulus -- he's already in office now --
Search Results 0 to 49 of about 90 (some duplicates have been removed)